Dear Members,
Can a company issue sweat equity shares to a foreign director?
If Yes, Please let me know the compliances involved with it.
thanks & regards,
Dear Members
If pvt company is not appointed and not interested to appoint residential directors what will be the penal provisions for the same.
director
residential
appointment
mandatory
Respected Professional
Please help me out.
A private company wants to appoint a Managing Director on a voluntary basis in the board meeting of the company. Is there any compulsion to specify the remuneration terms in the notice of the board meeting.
Thanks and Regards
company
private
director
managing
appointment
Can anyone share the draft please.
In case of loan from directors in a private limited what is the interest rate or it can be mutually decided in board meeting?
The Public Co has appointed a person as an additional director in June 2010 and has not regularised since then.
Signatory details is showing status as Additional Director
How Can I now regularise Add Director ?
director
additional
Can a Promoter (not a director) sign a board resolution to open a bank account?
We have opened a Pvt Limited company, in order to open a bank account banker asked to submit a board resolution signed by 2 directors
Here the problem is myself and my friend were directors(only 2 members) and my friend was in abroad,
Does the bank accept resolution with my single signature or can a shareholder sign resolution along with me? or any other alternatives
thanks in advance
Can a Private Limited Company advance Loan to a Director?
If not and if Section 185 is violated, does the same need to be reported in the Directors’ Report?
Dear All,
We have total 3 directors in the private company, out of them 2 directors died one on 20.03.2020 and second on 11.06.2020
The company was informed on 02.08.2020 about death. now want to appoint another 2 directors in the same whose DIN has been taken on 04.08.2020.
what can be done in this case for proper compliance?
Can newly incorporated company acquire loan from its directors?
what can be the compliances to be fulfilled,please guide.
Dear All,
Please share your views on the compliance to be done in the below case: It pertains to a private company wherein appointment of MD is not mandatory.
'A' appointed additional director in July 2017 for 3 years
Designation changed to 'director' at the AGM held in September 2017 on the same terms and conditions
Designation changed to "Managing Director' in January 2019
Retired by rotation and reappointed in AGM held in September 2019 (AOA provides all directors to retire by rotation at every AGM)
Now since the term of appointment of 'A' is completed in July 2020, we need to reappoint him. He is still the Managing Director of the company.
1) Do we need to first appoint him as director and then Managing Director?
2) When is it required to file Form DIR12?
Kindly share your opinion in this case.
director
appointment
term
completion
Dear Members,
One of my clients has not filed an E-Active form and annual returns for 3 years. There are four directors in the company and one of the directors DIN is Deactivated due to the non-filling of KYC.
Now one of the directors wants to resign from the company. Whether filling of DIR-12 is allowed in this case. Please guide me to resolve this issue.
director
resignation
case
filling
